Plumtree Boosts Earnings, Revenues in Q2
The San Francisco portal developer reported revenues of $22.6 million and a net income of $1.3 million.Plumtree Software Inc. Monday reported both a revenue and earnings increase for its second quarter, its first earnings report since becoming a publicly-traded company early last month. The San Francisco-based portal software developer reported revenues of $22.6 million for the quarter ended June 30, up from $19.4 million in the same period a year ago. Software license revenue was up slightly from $13 to $13.8 million over the same year-ago period.
Net income also increased, to $1.3 million, compared to a $1 million loss in the same period a year ago.